Question
(Graded) Examine the following summary of the U.S. balance of payments for 2000 (in $ billion) and fill in the blank entries. Credits Debits Current
- (Graded) Examine the following summary of the U.S. balance of payments for 2000 (in $ billion) and fill in the blank entries.
| Credits | Debits |
Current Account |
|
|
(1) Exports | 1,418.64 |
|
(1.1)Merchandise | 774.86 |
|
(1.2) Services | 290.88 |
|
(1.3) Factor income | 352.90 |
|
(2) Imports |
| -1,809.18 |
(2.1) Merchandise |
| ? |
(2.2) Services |
| -217.07 |
(2.3) Factor income |
| -367.68 |
(3) Unilateral transfer | 10.24 | -64.39 |
Balance on current account |
| ? |
|
|
|
Capital Account |
|
|
(4) Direct investment | 287.68 | -152.44 |
(5) Portfolio investment | 474.59 | -124.94 |
(5.1) Equity securities | 193.85 | -99.74 |
(5.2) Debt securities | 280.74 | -25.20 |
(6) Other investment | 262.64 | -303.27 |
Balance on capital account | ? |
|
|
|
|
(7) Statistical discrepancies | ? |
|
Overall balance | 0.30 |
|
Official Reserve Account |
| -0.30 |
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